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UK in 8th place for global talent competitiveness but gender equality lags behind

UK in 8th place for global talent competitiveness but gender equality lags behind

UK in 8th place for global talent competitiveness but gender equality lags behindThe UK has been ranked as the eighth best country in the world for the ability to attract, retain, train and educate skilled workers, but while its ability to leverage diversity for talent competitiveness is boosted by its global knowledge skills – the UK is undermined by its weaker performance on tolerance and gender equality. According to the Global Talent Competitiveness Index GTCI) produced by the Adecco Group, with international business school INSEAD and Tata Communications, the UK has a particularly strong pool of global knowledge skills, a variable for which it is ranked third in the index boosted further by its strong regulatory, market and business landscape. But this is undermined by its internal openness, where it still lags behind, especially when it comes to gender equality. The report also suggests that although Article 50 was triggered in 2017, the ongoing negotiations and continuing lack of clarity over the UK’s position once it leaves the European Union in 2019, means the impact of Brexit is not yet clear.

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BRE and IWBI deliver improved guidance to streamline joint certification of BREEAM and WELL

BRE and IWBI deliver improved guidance to streamline joint certification of BREEAM and WELL

BRE and the International WELL Building Institute (IWBI) have released a new briefing paper that outlines how projects may achieve both a certified BREEAM rating and WELL Certification. The updated crosswalk document, Assessing Health and Wellbeing in Buildings – Alignment between BREEAM and the WELL Building Standard, was developed as ‘part of a commitment to continuous improvement by IWBI and BRE’ using industry feedback from professionals working to achieve joint certification. To simplify the process for project teams pursuing both standards, BRE and IWBI have worked together to compare performance requirements, harmonise evidence and identify opportunities to streamline the process of achieving dual certification. Specific improvements and enhancements to the guidance document include instructions for projects that clarify how to use the crosswalk, minor amendments to the alignments and overlaps between the two standards, and a simplified labelling system. The new crosswalk also features useful notes and comments to clarify these alignments.

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People who work in an open plan office feel worse and are less satisfied

People who work in an open plan office feel worse and are less satisfied

The ongoing debate about the impact of open plan offices on people’s wellbeing and productivity continues to divide opinion. While there is a large amount of data from the likes of Leesman Index and workplace expert Nigel Oseland to suggest that an open plan office is the best solution when applied in the right way and right context, a new study from Karlstad University claims the opposite. The more co-workers that share of a workplace, the less satisfied employees are, and the more difficult they think it is to work collaboratively.

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Global business leaders feel more optimistic about the world economy

Global business leaders feel more optimistic about the world economy

Attracting and retaining talent is the biggest concern for CEOs going into 2018, but they’re feeling generally more optimistic about the global economy, claims a new report by The Conference Board, the C-Suite Challenge 2018 . A mood amongst senior managers to create organisational cultures that are inclusive, engaged, high-performance, customer-focused, and resilient is prevalent throughout the responses to this year’s survey. The desire for a “culture of innovation” ranks as the number-one innovation strategy in every region (Asia is the one exception, where it is third), every industry, every size company, and among CEOs and C-Suite executives alike. The impact of the New Digital Economy is clearly being felt in the daily processes and practices of organisations, and through the emergence of new competitors from every part of the globe. In Europe’s the c-suite remains worried about the impact of – which is unchanged from last year when it was the 8th biggest concern.   More →

US workers increasingly prioritise flexible working and personal development over status

US workers increasingly prioritise flexible working and personal development over status

A new survey from LinkedIn and Harris claims that the priorities of US workers are shifting in the new world of work. Where once they would have craved the status of a corner office, they now hanker for personal development, flexible working and autonomy and many see work largely as a means to pay bills. A growing number of professionals are also keen on developing side projects away from work that they believe are more closely aligned with their personality and interests, according o the study of 2,000 people.

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Apple announces plans for a new campus as part of huge investment programme

Apple announces plans for a new campus as part of huge investment programme

Apple has announced plans to create a new campus for its technical support staff and to hire an additional 20,000 employees over the next five years. The details of the new location will be announced later this year as part of a five year plan which the firm claims will make its direct contribution to the US economy hit more than $350 billion. Apple currently employs 84,000 people in the US, with the majority of in California, including at its much publicised new Apple Park campus building in Cupertino (pictured).

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You might be surprised at which nations work the longest and shortest hours

You might be surprised at which nations work the longest and shortest hours

The stereotype of certain nationalities as feckless while others are industrious is upended by new data from the Organization for Economic Cooperation and Development (OECD), which shows that Mexicans work significantly longer hours than anyone else in the world, the Greeks are the Europeans who spend most time at work while the Germans clock up the fewest hours of any of the 35 nations in the survey. In 2016, the average Mexican spent 2,255 hours at work, the equivalent of around 43 hours per week. Greeks worked the longest hours in Europe, at an average 2,035 hours per year with German workers putting in just 1,363 hours per year. The average UK worker, both employed and self-employed, put in an average of 1,676 hours.

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Working families at breaking point as parents buckle under the strain of overwork, claims study

Working families at breaking point as parents buckle under the strain of overwork, claims study

The UK’s working parents are struggling to cope with the strain of overwork – and deliberately stalling and downshifting their careers to reverse the negative impact it is having on family life, according to a new study. The 2018 Modern Families Index, published today by work life charity Working Families and Bright Horizons, reveals the stress of the modern workplace is pushing parents to breaking point, creating a ‘parenthood penalty’. According to the study, many parents are obliged to work far over their contracted hours due to increasingly intense workloads or because they feel it is expected of them.

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Bad managers who fail to support employees are driving talented staff away

Bad managers who fail to support employees are driving talented staff away

Bad managers who fail to support employees are driving talented staff away

A new survey suggests that bullying, aggressive behaviours and micro-management is endemic within the British workplace. The research by YouGov on behalf of MHR found that 80 percent of employees having experienced what they consider poor management, or a poor manager, at least once during their career; 73 percent of employees who have experienced poor management or a poor manager have considered leaving a job and, among these, a staggering 55 percent actually left their job because of bad management. When asked whether managers are equipped to deal with the human or emotional side of management, 58 percent of respondents said that they are not. Bad managers were described as often inexperienced, out of their depth, lacking the necessary people skills, expressing favouritism, failing to offer recognition and feedback and failing to communicate effectively. But the most shocking comments were around the subject of mental health, with several respondents citing a complete disregard or lack of awareness of issues surrounding mental health in the workplace. As well as failing to support employees suffering from anxiety or depression, several respondents claimed that their manager was directly responsible for causing the decline in their mental health.

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Occupiers concerned about lack of innovation from commercial property sector

Occupiers concerned about lack of innovation from commercial property sector

commercial property innovationThe UK’s productivity is lagging behind other G7 countries and property directors are concerned that landlords’ lack of proactivity around commercial property innovation may hamper efforts to move the UK up the productivity league table, according to the newly published results of  a survey carried out at the Property Directors Forum in December 2017, hosted by Avison Young. Attendees at the event held at The Royal Society of Chemistry, Piccadilly, were asked to provide their thoughts on property innovation and the role that landlords have in leading the way. The survey revealed that not one of the property directors have been approached by their landlord(s), proactively, to discuss property innovation and, in fact, 40 percent of directors reported their landlord as being reluctant to innovate.

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Over 50s will come to dominate self-employed workforce by 2024, report claims

Over 50s will come to dominate self-employed workforce by 2024, report claims

The number of over-50s in work is rapidly increasing, so much so that this demographic is set to make up the majority of the UK’s self-employed workforce within the next seven years. The updated research from Hitachi Capital UK and CEBR (Centre for Economics and Business Research) found a rebalancing of the economy away from younger generations, as the 24 million over-50s in the UK become an increasingly important demographic of entrepreneurs and business owners. The data also suggests that an increasing number of 50-64 year olds choose not to retire and instead stay active in the labour market, with the rate of employment rising significantly between 2012 and 2016 from around 65 percent to 71 percent. CEBR projections show that the number of employed 50-64 year-olds will surpass 9 million before the end of 2018, and by 2021 there will be 10 million 50-64 year olds in work.

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Germany loses favour as corporate real estate investment hotspot

Germany loses favour as corporate real estate investment hotspot

Germany is no longer the most popular global destination for corporate real estate investment, according to BrickVest’s latest commercial property investment barometer. Formerly the most popular location in Q3 2017, Germany has now fallen in favour among investors behind the UK, US and France. Germany saw a drop in popularity from 34 percent to 23 percent in the last quarter, marking its lowest rating since Q2 2016. The UK, however, rose from 27 percent to 29 percent in Q4 2017, managing to sustain its general popularity by consistently ranking above 25 percent.

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